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Hellena_Trade
Aug 17, 2023 4:23 AM

Hellena | Oil (4H): Long to resistance 84.86 Long

WTI CRUDE OILTVC

Description

dear colleagues, I assume that wave 4 is coming to an end. This means that we are waiting for wave 5, which can reach at least the resistance level of 84.86

Manage your capital correctly and competently! Only enter trades based on reliable patterns!

Comment

Dear colleagues, last week the price showed a great start! In the coming week I am also considering only long positions.

Comment


is a high probability that the price will go down and update the low, and then go up to my targets. It may make sense to close long positions and wait for a new entry into a long position.

Comment

As a result, the price followed the old scenario and almost reached the target of 84.80. This means that after reaching the target, only long positions should be considered!

Comment

Well done!

Trade closed: target reached

Comments
RLinda
Thanks for your hard work, your idea can achieve results) Thanks friend)
Hellena_Trade
@RLinda, Thank you! 🙌🏻
AMIT-RAJAN
Sure! Strongly agree with your crude analysis, thank you so much for this sharing
Hellena_Trade
@AMIT-RAJAN, Yeah, thanks for the comment my friend. 😇
melikatrader94
Good look at the market. Competent analysis.
Hellena_Trade
successfulltradn
Great Analysis just curious what do you think we can expect for phase 5?
Hellena_Trade
@successfulltradn, I suspect wave 5 is not yet complete. We will see how the price will behave during the whole week.
pluckyKitten86534
Any updated
Hellena_Trade
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